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“We’ve been observing Nico for some time now, and his performances have been very persuasive,” said Sauber team boss Monisha Kaltenborn. “That was the case in GP2 and has continued into Formula One. An obvious highlight was how he scored pole at Interlagos in 2010 despite the most challenging external conditions. He clearly showed that he can seize the chance if it arises. But high spots like that are one thing; systematic teamwork is another – and on that score I have confidence in Nico, too. I’m sure he will fit in very well with the Sauber F1 Team. We look forward to working together with him.”

The 24-year old Hulkenberg is currently 12th in the Formula One points standings and has an average finish of 10.9.

“I’m really looking forward to working with the Sauber F1 Team," Hulkenberg said. "It’s a well-placed team and very competitive. Plus, it’s a team in which young drivers have repeatedly delivered exceptional performances. I would like to take up that baton."

The two Sauber entries driven by Sergio Perez and Kamui Kobayashi in 2012 are 10th and 11th in the standings. Sauber F1 said they will announce the second driver for 2013 at a later date.

“Both drivers have done a good job this season,” said STR boss Franz Tost. “Daniel joined us with a few Grands Prix under his belt, and so his feedback and experience was particularly useful while Jean-Eric got up to speed, often having to deal with tracks he had never seen before."

The 23-year old Ricciardo is currently 18th in the Formula One standings with nine total points earned on the season. He has an average finish of 12.4 and has finished on the lead lap in 13 of the 17 events. The 22-year old Vergne is currently 17th with 12 points earned. He has an average finish of 14.3 and has finished on the lead lap in nine of the 17 races.